Tag LNG
Natural gas prices are up 73% year-to-date, but have recently fallen to a three-month low, after declining for the eighth straight week. The October NYMEX natural gas contract settled at $6.868 per MMBtu, nearly 27% below the September contract settle…. Continue Reading →
It has been a wild ride into spring this year, feeling more like a rollercoaster, with the volatility across the energy markets. The lingering winter temperatures, sanctions on Russia, increased exports, and market speculation has caused prices to whipsaw more… Continue Reading →
The energy markets remain in a state of volatility, but U.S. production has increased month-over-month and LNG (liquified natural gas) exports appear to have reached their max. After six weeks of healthy storage injections, U. S. natural gas storage is… Continue Reading →
Natural gas prices have rallied to their highest levels since 2014. Last week, the October contract surpassed $5 per MMBtu, settling as high as $5.46 per MMBtu this week. The market fundamentals are facing bullish pressure domestically and globally, from… Continue Reading →
Natural gas prices are starting to see some relief, after settling below $4.00 per MMBtu for the first time in two weeks. The September contract continues to hover near the $3.90 per MMBtu level, after settling as high as $4.158,… Continue Reading →
Earlier this month, Enbridge Inc.’s Texas Eastern Transmission unit (TETCO) announced that its natural gas pipeline from Pennsylvania to Mississippi could be operating at reduced pressure until late third quarter, reducing flow to nearly 1 bcf per day, down from… Continue Reading →
To say that this year has been a year like no other seems like an understatement. It almost comes as no surprise, that even the weather has been setting new records. Hurricane Delta became the fifth hurricane to make landfall… Continue Reading →
Natural gas has experienced an uptick in pricing, after experiencing multi-year lows in July, off the backs of record level production and average temperatures. The September contract rolled off the board at $2.251 per MMBtu, a 5% increase from the… Continue Reading →
Natural gas demand is at record highs, but prices continue to fall. Earlier this week, natural gas prices dropped to three-year lows while supply growth continues to outpace increasing consumption. The August contract settled at $2.141 per MMBtu, 6.5% below… Continue Reading →
The Women’s Energy Network of Atlanta recently hosted a tour of Southern Company Gas’s Cherokee LNG (liquified natural gas) facility in Ball Ground, GA. As LNG continues to play a larger role in the U.S. natural gas market, it was… Continue Reading →